Umc stock price remained steady at $8

UMC stock price remained steady at $8.48 despite a lukewarm NASDAQ performance. Technical traders indicate the 50-day moving average is acting as strong support, limiting downside risks for now. We recently published a list of 10 Overlooked Tech Stocks to Buy Now . In this article, we are going to take a look at where United Microelectronics Corporation (NYSE:UMC) stands against other overlooked tech stocks to buy now. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. UMC stock price showed resilience, closing at $8.49 even with broader equity market weakness. The firm’s stable dividend yield continues to attract income-focused portfolios.